Sunda Energy (LON:SNDA) Insider Andrew (Andy) Butler Purchases 1,000,000 Shares of Stock

Key Points

  • Insider Andrew (Andy) Butler bought 1 million Sunda Energy shares at GBX 1 each, investing £10,000 in the November 6 transaction.
  • Sunda Energy shares opened at GBX 1.22; the stock has a 12-month range of GBX 1–4.50 and a market capitalization of £5.59 million.
  • The gas-focused company has interests in projects in Timor-Leste and the Philippines and is seeking to acquire producing onshore New Zealand assets, subject to approvals.

Sunda Energy Plc (LON:SNDA - Get Free Report) insider Andrew (Andy) Butler purchased 1,000,000 shares of the firm's stock in a transaction on Friday, November 6th. The shares were purchased at an average price of GBX 1 per share, for a total transaction of £10,000.

Sunda Energy Price Performance

SNDA opened at GBX 1.22 on Friday. Sunda Energy Plc has a 12 month low of GBX 1 and a 12 month high of GBX 4.50. The stock has a market capitalization of £5.59 million, a price-to-earnings ratio of -1.07 and a beta of 0.38. The business has a fifty day moving average price of GBX 1.94 and a 200 day moving average price of GBX 2.22.

Sunda Energy (LON:SNDA - Get Free Report) last announced its earnings results on Thursday, September 10th. The company reported GBX (0.57) earnings per share for the quarter.

About Sunda Energy

(Get Free Report)

Sunda Energy is an independent gas-focussed company focussed on the Asia-Pacific region. It has a material interest in the Chuditch gas project – an undeveloped, highly prospective offshore field in Timor-Leste – and two exploration Service Contracts offshore the Philippines. The Company is acquiring a 100% working interest in producing assets onshore New Zealand (subject to customary approvals, including government consent). Sunda is quoted on the AIM market of the London Stock Exchange (SNDA.L).

Featured Stories

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Sunda Energy?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Sunda Energy and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles